Just as the subject reads.
By far my biggest hurdle in my flipping business is dealing with FHA buyers who are preapproved through lenders who won't fund unless I've been on title for 90 days. We all know this isn't...
I just bought this 3 bed 1.5 bath 1400 sq. foot house in Decatur - nicer end of Decatur. There are properties that are being built across the street that are planned for resale around $200K. So the neighborhood has...
Fellow rehabbers, have you ever had this happen? You bust your behind on a rehab and then have a potential buyer pass on your newly rehabbed house because they saw how much you paid for it on Zillow and they think...
I am looking to buy and hold in my area (Colorado). However, the area I am in is a big sellers market. My neighbor's house was listed at 3:30 yesterday, has had four offers and one or two were above asking price....
This is my 10,000th forum post on BP Nation!
As a long time member and contributor to the site, I am quite proud of this accomplishment and I have seen this site grow tremendously over the years, particularly this yea...
So my dad and I co-own an LLC that we use to buy property. We don’t have a ton of money to put down on a large multifamily but I have been thinking about this idea.
If we buy a $2M property at a 13% cap rate, which ...
This is an update to my post "Desperate in Memphis" from December 28th!Great news! We booked our second tenant (in my duplex) at $650 on a one-year lease to a young couple with solid income, excellent credit backgroun...
Hey guys, I have a question.
Hypothetical scenario:
SFR
$1000 NOI
$500 Service on a selling financing.
Cashflow = $500
Are you taxed on the $1000 NOI or on the $500 cashflow?
Hi,
I am in New Jersey state. I am a buyer under contract on a property with all contingencies on track to be completed. Inspection - seller agreed to all requested repairs, credit. Mortgage - approved.
But I do no...
Inspired by this thread here: http://www.biggerpockets.com/forums/223/topics/152...I was just pondering what I personally spend a month on food..I looked at all my credit card purchases for food/snacks/drinks (only th...